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Achal Investments (BOM:538570) PB Ratio : 0.17 (As of Jun. 15, 2024)


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What is Achal Investments PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-15), Achal Investments's share price is ₹0.28. Achal Investments's Book Value per Share for the quarter that ended in Sep. 2019 was ₹1.62. Hence, Achal Investments's PB Ratio of today is 0.17.

The historical rank and industry rank for Achal Investments's PB Ratio or its related term are showing as below:

BOM:538570's PB Ratio is not ranked *
in the Credit Services industry.
Industry Median: 0.99
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Achal Investments PB Ratio Historical Data

The historical data trend for Achal Investments's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Achal Investments PB Ratio Chart

Achal Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
PB Ratio
Get a 7-Day Free Trial 92.08 76.27 2.68 0.88 0.61

Achal Investments Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 - 0.61 - 0.48

Competitive Comparison of Achal Investments's PB Ratio

For the Credit Services subindustry, Achal Investments's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Achal Investments's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Achal Investments's PB Ratio distribution charts can be found below:

* The bar in red indicates where Achal Investments's PB Ratio falls into.



Achal Investments PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Achal Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2019)
=0.28/1.616
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Achal Investments  (BOM:538570) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Achal Investments PB Ratio Related Terms

Thank you for viewing the detailed overview of Achal Investments's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Achal Investments (BOM:538570) Business Description

Traded in Other Exchanges
N/A
Address
Office Number 208, 2nd Floor, Plot Number A-1 Madhuban Tower, Veer Savarkar Block, Shakarpur East, Delhi, IND, 110092
Achal Investments Ltd is engaged in providing term loan and working capital. The company is engaged in the business of financing, encouraging, promoting and assisting in the establishment and growth of industries and industrial undertakings. Achal Investments focuses on Small Finance and works with low-income families to provide financial solutions. It is also in the business of providing term loan and working capital support to traders and medium-sized enterprises.

Achal Investments (BOM:538570) Headlines

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